Almost everyone dreams of having their own luxury car. For many of us though that dream is unattainable. Or is it? You can in fact buy your own luxury car for $49,990 or under, either by buying a new cheaper luxury model or by buying a second hand car, once bought for a much greater price.

Mercedes-Benz C-Class

If you’re wanting something under the $50,000 price point but don’t want to buy second hand, then a good bet is to go with the 2017 Mercedes-Benz C-Class. It’s elegant and sophisticated but at a reasonable price. While the C-Class is available as a convertible, sedan or coupe, pricing for an all wheel drive sedan starts as low as $38,595.

Audi A5

The Audi A5 looks like a dream, because it is. It’s also reasonably priced when compared to other luxury two-door models. The sport package comes with a tighter suspension system and has a 2.0-litre, four cylinder engine with 220 horsepower. An eight-speed automatic is also available with the Audi A5. The 2016 model starts at around $40,000.

Audi A4

If you’d prefer a newer model to the A5, then you may want to opt instead for the 2017 Audi A4. It gets excellent fuel economy and the US News & World Report chose the 2017 Audi A4 as it’s Best Luxury Small Car for the Money award. It may not be the sportiest model around but if you’re a technology geek you’ll love the A4’s features. It comes with Apple CarPlay and Android Auto. You can also upgrade and get the Audi Virtual Cockpit with a customisable wide screen video display. The 2017 Audi A4 starts at $34,900.

Alfa Romeo Giulia

Another 2017 model, the Alfa Romeo Giulia from Italy is a compact luxury sedan with impressive performance and sporty looks to match. The Giulia has a 2.0-litre four cylinder engine with 280 horsepower. All the trims of the Giulia Quadrifoglio are available with either the rear or all wheel drive models. The 2017 Alfa Romeo Giulia starts at just $37,995.

BMW 2-Series

The 2017 BMW 2-Series coupe and convertible showcase BMW’s trademark performance. The base model, 230i has 248 horsepower, a 2.0 litre turbo inline-four and an eight-speed automatic. The coupe offers an optional six-speed manual as well. Rear wheel drive is the standard but all wheel drive is also available, as is an optional track handling package which comes standard on the M240i. The base BMW 2-Series model will set you back $34,145.

Fiat Abarth 124 Spider

Designed for “thrills and performance” the Fiat Abarth 124 Spider looks like it could be worth a lot more than it’s base price. It’s rear wheel drive, has a four cylinder turbocharged 1.4 engine, Brembo brakes, Bilstein shock absorbers and a luxury interior to match. The Fiat Abarth 124 Spider will set buyers back a measly $41,990.

Ford Mustang GT

Ford Mustangs are always in style and the Ford Mustang GT is within budget too. It’s the best Mustang Ford have produced for years with 435 horsepower. You can also upgrade to the Performance Package to get the most bang for your buck for just $2,995 extra. The Ford Mustang GT starts at $33,195.